Source: iQoncept / Shutterstock.com There is no doubt on the point that commodities are among the most undervalued asset class. My view is underscored by the fact that commodities (Bloomberg Commodity Total Return Index) have delivered returns at a CAGR of 0.99% in the last 20 years. An extended bear market also implies a phase of under …
Continue reading “3 High-Yield Commodity Stocks to Buy for Income and Growth”
Gold futures finished with a gain on Tuesday as investors awaited U.S. inflation data due out this week to help gauge the outlook for the U.S. economy and path for interest rates. Gold could sink further if U.S. inflation remains “sticky,” which could drag gold back below the $2,015 level, said Lukman Otunuga, manager, market …
Continue reading “Gold futures finish higher ahead of U.S. inflation data”
Amazon.com Inc. AMZN is offering shoppers $10 to pick up a purchase rather than have it shipped to a home address, in an apparent move to reduce home delivery costs amid slack consumer demand. In recent days, the e-commerce giant has emailed an unknown number of Prime subscribers with a $10 offer to pick up …
Continue reading “Amazon is offering Prime customers $10 to pick up their purchases”
The Energy Information Administration on Tuesday cut its 2023 and 2024 forecasts for U.S. and global benchmark crude-oil prices, according to the monthly Short-Term Energy Outlook report. “Ongoing considerations about weakening global economic conditions, perceived risk around the global banking sector, and persistent inflation outweighed the initial increase in oil prices and have led to …
Continue reading “EIA lowers its price forecasts for WTI and Brent oil”
A pedestrian passes a banner displaying Palantir Technologies signage during the company’s initial public offering, New York Stock Exchange, Sept. 30, 2020. Michael Nagle | Bloomberg | Getty Images Check out the companies making headlines before the bell: Palantir Technologies — Shares of Palantir rose nearly 20% after the enterprise computing firm best known for …
Continue reading “Palantir, Skyworks, Under Armour making biggest moves premarket”
It may be hard to believe now, yet as recently as six months ago, one could classify Meta Platforms (NASDAQ:META) as a “deep value” stock. At the time, META stock was trading less than $100 per share. Compared to 2022 earnings forecasts, this meant you could buy the Facebook and Instagram parent at a low …
Continue reading “Why META Stock’s Comeback Could Just Be Getting Started”
The strength in stock market indices in 2023 is masking the stocks to sell now. Investors may remain vigilant in noticing the stocks flash red flags after firms posted quarterly results. Companies that reported a sharp drop in revenue are one of many major warning signs. Even if those stocks with bad fundamentals slumped after …
Continue reading “Investor Alert: 3 Stocks Flashing Major Warning Signs to Sell Now”
Although the next round of key inflation reports could change their tune, Federal Reserve officials for now remain adamant about raising interest rates to curb inflation. In fact, if they do it’s important to stay away from the worst dividend stocks for rising rates. Sure, plenty of contrarian investors believe that the Fed is on …
Continue reading “Worst Dividend Stocks for Rising Rates: 7 to Avoid”
